Residential Care Home in East Yorkshire Seaside Resort

Price:

Freehold - £700,000

Turnover:

Seller Ref:

2628

Location:

East Yorkshire, Undisclosed

Business Type:

Retail businesses

See Other:

Residential homes for sale in East Yorkshire
Retail businesses for sale in East Yorkshire

Description:

THE BUSINESS:

Preferred Commercial is delighted to offer for sale this established residential home, which began trading in 1990 and which has been in our client's careful hands since 2004. The residential home is only now offered to the market due to our client's other business interests. The business trades all year round and generates a turnover in the region of £393,000 per annum with a gross profit of 65%. We feel the turnover could be increased by embarking on a modest marketing campaign and perhaps introducing a website. The residential home is registered to care for 22 residents with 18 single bedrooms and 2 companion rooms. The business has an excellent reputation and is renowned for providing a high level of care. The premises have been well-maintained and finished to a high standard throughout and all resident rooms include en-suite facilities. This is an ideal opportunity to acquire an already well-established residential home in a sought after area and with scope for future development. Early negotiations with Preferred Commercial must come highly recommended.

Location Details:

This residential home occupies substantial 3-storey premises, ideally located on the outskirts of an East Yorkshire seaside resort. There are a number of complementary shops and business in the area, along with bus stops and a railway station. The business enjoys ample off-street parking, picturesque sea views and boasts easy access to the A-road network.

Trading Hours:

All year round

Accommodation:

Substantial 3-storey premises with 20 residents' rooms all with en-suite facilities. Briefly comprising: Ground Floor • 5 x single bedrooms • Commercial kitchen • Dining room • Lounge • Quiet room • 2 x WCs with wash hand basins • Lift to all floors First Floor • 2 x apartments with double bedrooms • Single apartment • 4 x single bedrooms Second Floor • Single apartment • 7 x single bedrooms • Bathroom with disabled bath Cellar • Large storage area used for laundry External • Patio area to front and side